A South Dakota credit union and its mortgage lending arm are the first users of a new core processing platform from CU*Answers.

The CU*BASE SE (Servicer Edition) was created for vendors and CUSOs that use multiple core platforms to service specialized members products, the Grand Rapids, Mich., core processing CUSO said.

The first user is CU Mortgage Direct LLC, a wholly owned, direct lending CUSO of the $70 million Sioux Empire FCU in Sioux Falls, S.D., the company and credit union said.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.